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According to the World View Article Titled "United States Gains

Question 124

Multiple Choice

According to the World View article titled "United States Gains Cost Advantage," during the last decade, unit labor costs in the United States declined


A) And the United States was less competitive in world markets.
B) Because productivity advances were small and wage increases were high.
C) Because productivity advances were greater than wage increases.
D) And cost curves shifted upward.

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